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Please help with the following questions. A foreign exchange dealer is willing to buy the Danish krone (DKr) at $0.1550/DKr and will sell it at

Please help with the following questions.

  1. A foreign exchange dealer is willing to buy the Danish krone (DKr) at $0.1550/DKr and will sell it at a rate of $0.1555/DKr. What is the bid-ask spread on the Danish krone? (Round answer to 2 decimal places, e.g. 17.52%.)

Bid-ask spread

%

  1. Given the following quotes, calculate the / cross rate. (Round answer to 4 decimal places, e.g. 15.2578. Do not enter currency sumbols in your answer.)

Bank of America

$1.765/JP Morgan Chase

$1.3819/

Cross rate

/

  1. Barclays Bank of London has offered the following exchange rate quotes: 191.90/ and Korean won 12.5750/. What is the cross rate between the Korean won and the British pound? (Round answer to 2 decimal places, e.g. 15.25. Do not enter currency symbols in your answer.)

Cross rateWon

/

  1. The spot rate on the London market is 0.5560/$, while the 90-day forward rate is 0.5581/$. What is the annualized forward premium or discount on the British pound? (Round answer to 2 decimal places, e.g. 17.54%. Use 360 days for calculation.)

Forward premium or (discount)

%

  1. The foreign exchange department at Tokyo's Daiwa Bank quoted the spot rate on the euro at 0.007000/. The 90-day forward rate is quoted at a premium of 4.40 percent on the euro. What is the 90-day forward rate? (Round answer to 6 decimal places, e.g. 15.251945. Use 360 days for calculation.)

Forward rate

/

  1. Pharoah Pharma just received revenues of $3,163,300 in Australian dollars (A$). Management has the following exchange rates: A$2.69500/ and $1.5906/. What is the U.S. dollar value of the company's revenues? (Round intermediate calculation to 4 decimal places, e.g. 15.2578 and final answer to the nearest whole dollar, e.g. 5,275.)

Revenue$

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